The Bank of Canada Raises Interest Rates for the Third Time This Year

The Bank of Canada raised its key interest rate again this month to 5%. This is the third rate hike…

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New Housing Minister Steps Up to the Plate

Central Nova MP Sean Fraser was sworn in as Canada’s new housing minister on July 26. Fraser…

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Average monthly payments now much higher compared to last year

by Ephraim Vecina 14 Aug 2018 MBN Paying off the debt accumulated during the long afternoon of…

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Reaction to CMHC’s Clampdown on Mortgage Fraud

Dan Yurman AUGUST 13, 2018 Canadian Mortgage Trends Last month the Canadian Mortgage and Housing…

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Condo segment might experience a boomer surge in the near future

by Ephraim Vecina 09 Aug 2018 MBN A significant proportion of Canada’s baby boomers are considering…

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Survey reveals seniors’ feelings about selling their homes

by Neil Sharma 02 Aug 2018 MBN According to a survey conducted by Home Equity Bank in tandem with…

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How to Recognize and Prevent Financial Elder Abuse

Life & Money   Financial abuse in particular is a growing problem in Canada. According to…

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Canada’s seniors prefer to stay put in their homes – poll

by Ephraim Vecina 25 Jul 2018 MBN 93% of Canadian home owners aged 65 and over expressed a belief…

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Five Money Vows to Make Before Tying the Knot

Life & Money   How to Prepare Financially for Marriage But even more important than your…

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Rebound imminent, claims report

by Neil Sharma 18 Jul 2018 MBN According to a report by Altus Group, the preponderant reason for…

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